We can easily calculate a single discount for a product. However, things get really complicated when we try to find product prices after more than one discount. In this article, we are going to show you 4 easy methods of how to calculate multiple discounts in Excel and use that to find discounted prices.

**Table of Contents**Expand

## How to Calculate Multiple Discounts in Excel: 4 Easy Ways

To demonstrate our methods we have taken a dataset consisting of **4 columns**: “**Product**”, “**Listed Price**”, “**Discount 1**”, and “**Discount 2**”. Additionally, we will change this dataset throughout our methods. The formula to find **discounted **price of a product is as follows –

**Discounted Price = Listed Price – Listed Price * Discount Percentage**

Or,

**Discounted Price = Listed Price * (1-Discount Percentage)**”

Here, the **discount **percentage will be simple for a single **discount**. However, for **2** or even **3 discounts**, we will need to consider the **effective discount rate**. The way to **calculate **that will be described in detail in our methods.

### 1. Using a Generic Formula to Calculate Multiple Discounts in Excel

For the first method, we will use a generic formula to **calculate double discounts **in **Excel**. We have added two **columns **named “**Effective Discount**”, and “**Revised Price**” in the dataset. First, we will convert the two **discounts **into an equivalent **discount **rate, and using that rate we will **calculate **our **Revised Price**.

**Steps:**

- First, select the
**cell**range**F5:F10**and type the following formula.

`=D5+E5-(D5*E5)`

This formula merges our **discount **rates into a single **discount **rate by adding and subtracting the multiple values.

- Then, press
**CTRL+ENTER**. - So, this will
**AutoFill the formula**to the rest of the**cells**. - Next, we will
**calculate**the**Revised Price**. - Therefore, select the
**cell**range**G5:G10**and type this formula.

`=C5*(1-F5)`

This formula **calculates **the **discounted **price as per the discussion at the very beginning of this article.

- Lastly, press
**CTRL+ENTER**.

Thus, we have shown you the first method of **calculating multiple discounts **in **Excel**.

### 2. Use of Multiplication Operator to Calculate Multiple Discounts in Excel

In this section, we are going to **calculate triple discounts** in **Excel**. Again, we have changed our dataset a little bit. Now, there are three **discounts **and we will use a formula to convert these **discounts **into a single **equivalent discount**. Lastly, we will multiply it by the **Listed Price **to get our **Final Price**.

**Steps:**

- To begin with, type the following formula in
**cell C15**.

`=(1-C12)*(1-C13)*(1-C14)`

This formula finds the **Price Multiplier **for us. As our formula is in percentage format, we subtract **1** from it, where **1** equals **100%**. Then, we multiply all the values to get the result. This formula will work for **4** or even more **discounts**, we just need to keep subtracting from **1**, and multiplying it.

- Then, press
**ENTER**.

We will get **88%** as our output as per the discussion above.

- After that, select the
**cell**range**D5:D10**and type this formula.

`=C5*$C$15`

Remember to use the **absolute cell reference** in this formula.

This will return the **discounted **price for triple **discounts **in **Excel**.

- Lastly, press
**CTRL+ENTER**.

In conclusion, this is the second method to **calculate multiple discounts **in **Excel**.

### 3. Calculate Multiple Discounts by Combining Nested IF & AND Functions

For the third method, we will use **Nested IF** & **AND** functions to **calculate multiple discounts **in **Excel**. We will get two **discounts **here – a flat **discount **and based on the number of units purchased.

**Steps:**

- To begin with, type the following formula in
**cell E5**.

`=D5*(1-$D$13)*IF(C5<=$C$14,(1-$D$14),IF(AND(C5>$C$14,C5<=$C$15),(1-$D$15),(1-$D$16)))`

**Formula Breakdown**

- Here,
**(1-D13)**represents the flat**discount**. This does not depend on the number of units purchased. - Then, we have nested
**IF**functions in this formula. Our condition is as follows –- Firstly, for
**100**or fewer units purchased will provide a**3% discount**. - Then, more than
**100**but**200**or less will yield a**4% discount**. For this, we have added the**AND**function inside the**nested IF**function. - Lastly, above
**200**units will get a**6% discount**rate. If everything returns**False**, we will use this**discount**in the formula.

- Firstly, for
- Finally, we
**multiply**the**discount**rate by the**Listed Price**to get the**Discounted Price**.

- Next, press
**ENTER**.

We’ll get the **Discounted Price **here. Now using the **Fill Handle**, we will use this formula for the other **cells**.

Therefore, we have **calculated multiple discounts **in **Excel **and used that to find **discounted **prices.

### 4. Merging PRODUCT and IF Functions to Calculate Multiple Discounts

For the last method, we will combine the **PRODUCT** and **IF** functions to **calculate multiple discounts **in **Excel**. Again, we will get a **discount **based on the number of units purchased. If we buy **100** or more but less than **200** units we will get a **7%** **discount**. However, if we buy less than **100 **units, we will not get any **discounts**. Without further ado, let us jump into the steps.

**Steps:**

- First, select the
**cell**range**E5:E10**and type the following formula.

`=D5*PRODUCT(IF(C5>=$C$13:$C$16,1-$D$13:$D$16,1))`

**Formula Breakdown**

- First, we are using an array formula here. In
**Microsoft 365**, we can simply press**ENTER**.*However, for earlier versions, we will need to press*.**CTRL+SHIFT+ENTER** - Inside the
**IF**function, we are checking whether our unit purchased is greater or equal. - Then, we take the related
**discount**rates. If**200**or more units are purchased but less than**300**then we will get two**discounts**:**7%**and**9%**and so on. - In our case, our purchased unit is
**100**, hence we will get a**7%**discount. - For
**650**units purchased in**cell C8**, we will get**4****discounts**. - Then, for less than
**100**units purchased, we will get no**discount**. - Finally, we are multiplying the
**discount**rate by the**Listed Price**to get the**Discounted Price**.

- Lastly, press
**ENTER**.

This will **AutoFill **the formula. Thus, we have **calculated multiple discounts **in **Excel **and used that to find reduced single unit prices.

## Practice Section

We have added a practice dataset for each method in the **Excel** file. Therefore, you can follow along with our methods easily.

**Download Practice Workbook**

## Conclusion

We have shown you **4** quick methods of how to** calculate multiple discounts **in **Excel**. If you face any problems regarding these methods or have any feedback for me, feel free to comment below. Thanks for reading, keep excelling!

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